Drones are already making a significant impact on the valuation of properties and are considered as an essential tool to be used in appraisal reports. As appraisers, we analyze and review lots of data to generate reports regarding the damage incurred and costs required to rebuild a property. Drones are a tool which can assist in the ability to make educated and informed decisions from a unique perspective.
Photos and videos shot by a drone give an elevated perspective that provides valuable insight when it comes to potential clients.
Aerial photos give an elevated perspective which can provide valuable insight to potential clients. This can help to sell or rent your commercial property faster. Business clients can see the access your property has to major routes and proximity to other businesses. Vacationers can see how close a property is to the beach.
While drones are beneficial when it comes to selling properties, it can also be used for appraisal practice. They can be used to access hard-to-reach places. Areas considered previously unobservable such as rooflines, air conditioning units, gutters, and more, can now be seen using the correct equipment. Areas of interest can be identified for additional inspection if needed. This can be specifically useful for large acreage tracts where easements and prior improvements can be shown via photographs or video. This allows us to observe and document a property in real-time on the date of inspection. From aerial photographs of a property, to thermal imaging to determine heat loss, drones have practical applications that are being tested every day. Drones also mitigate risk and contribute to a safe working environment. Various properties can have terrains that are considered to be hazardous. Whether it is a creek, overgrown foliage or rocky terrain, a drone can traverse a property with relative ease.
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